Monday, March 16, 2026
Parex makes $500 million bid for Frontera’s Colombia upstream assets- oil and gas 360

Parex makes $500 million bid for Frontera’s Colombia upstream assets

(World Oil) – Frontera Energy said it has received a binding offer from Parex Resources to acquire the company’s upstream oil and gas assets in Colombia, determining that the proposal constitutes a “superior proposal” to its previously announced agreement to sell the same assets to GeoPark. Under the Parex offer, the company would acquire Frontera’s Colombian exploration and production business for $500 million in cash at closing,

Frontera signs deal to supply crude oil to Chevron unit for up to $120 million- oil and gas 360

Frontera signs deal to supply crude oil to Chevron unit for up to $120 million

(BOE Report)– Frontera Energy’s Colombian unit has signed a prepayment and commercial agreement worth up to $120 million with a unit of U.S. oil major Chevron to supply crude oil over two years, the Canadian oil producer said on Monday. Under the deal, Frontera will receive an initial $80 million advance and supply a portion of its crude output to Chevron

Frontera to create standalone upstream company through Colombian infrastructure spin-off- oil and gas 360

Frontera to create standalone upstream company through Colombian infrastructure spin-off

(World Oil) – Frontera Energy Corp. plans to separate its Colombian infrastructure assets into a new independent company—Frontera Infrastructure—leaving Frontera Exploration & Production (E&P) as a focused, pure-play upstream operator. The restructuring, announced Nov. 13, is designed to unlock value from Frontera’s portfolio and sharpen the company’s competitive position in the oil and gas sector. The transaction is expected to close

Frontera Closes $350 Million Senior Unsecured Notes Offering

Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company”), announced today that it completed its previously announced offering of U.S.$350 million in senior unsecured notes due 2023 at a coupon rate of 9.70% (the “Notes”). Richard Herbert, Chief Executive Officer of Frontera, commented: “With the closing of this offering, the Company is well-positioned to execute on its strategy of sustainable

Frontera Energy Announces Pricing of $350 Million Senior Unsecured Notes

Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company”), announced today that it has successfully priced an offering of U.S.$350 million in senior unsecured notes due 2023 at a coupon rate of 9.70% (the “Notes”) pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended, (the “Act”), with closing expected to occur on or

Frontera Energy Exits 2017 with 71,015 BOEPD

Latin America-focused Frontera Energy Corporation (ticker: FEC) announced an exit rate production, after royalties and internal consumption, of 71,015 BOEPD as of December 31, 2017. According to a company statement, exit rate production included 8,240 bbl/d from Block 192 in Peru, which was above previous range expectations of 6,000 to 8,000 bbl/d. Company-wide average production in the fourth quarter was